126 W D St - Apartments FOR SALE


Wilmington, CA 90744
$1,825,000 USD
310-956-2291
126 W D St, Wilmington, CA for Sale
$1,825,000 USD
Apartments - FOR SALE
1/13
null | 7.86% Cap Rate

126 W D St
Wilmington, CA 90744


HIGHLIGHTS

  • Offered at a competitive basis of ~$65K/Unit per unit, this property provides an excellent entry point for investors seeking immediate cash flow.
  • 28 Unit SRO opportunity - All units share common area bathrooms, common area laundry and one communual kitchen.
  • Prime Wilmington location close to major employment hubs, schools and retail.

OVERVIEW

Northmarq and BRC Advisors, as the exclusive listing agents, are pleased to present 126 West D Street, a 28-unit Single Room Occupancy (SRO) opportunity in Wilmington, CA. Situated on a 4,652-square-foot lot, the two-story wood-frame building spans 5,544 square feet. Each floor is equipped with a full bathroom featuring two toilets and one shower, as well as a dedicated laundry room and a shared kitchen, providing residents with essential amenities in a well-maintained setting. Wilmington is located within the Los Angeles Harbor region, positioned near the Port of Los Angeles. The area features a mix of residential, commercial, and industrial uses, with a steady demand for rental housing. Its location offers convenient access to major freeways and public transit, allowing for easy connectivity to nearby employment centers and surrounding communities. The neighborhood includes schools, parks, and local businesses that serve the community’s needs. Wilmington has seen ongoing infrastructure improvements and city-backed initiatives aimed at maintaining and enhancing the area. With a strong demand for affordable housing, 126 West D Street represents a stable investment opportunity in an established Los Angeles submarket.

FOR SALE DETAILS

PRICE

$1,825,000 USD

PRICE/SF

$329 USD /SF

# OF UNITS

28

PRICE/UNIT

$65,179

CAP RATE

7.86%

% LEASED

75%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

28 Unit SRO Opportunity in Wilmington!

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1918

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.11 AC

LAND SF

4,652 SF

ZONING

LAMR1

APN/PARCEL ID

7418-023-002

ASK ABOUT THIS PROPERTY

John KatnikBRC Advisors - BH, Inc.More Info
310-956-2291

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John KatnikBRC Advisors - BH, Inc.More Info
310-956-2291

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.